prepare yourself

[Stalker22]

Definitely.  Theres going to be a ton of FUD for a bit, but honestly, who cares?  Just stick with the plan.  Keep your eyes on the long game.  Thats the only thing that counts.

And yeah, we pretty much know the deal with what usually goes down after the halving and where the market is going.  But I dont think this bull run is over yet.  Bitcoin is always full of surprises, right?

[Stormisover]

It’s not like this is the first time we’ve seen something like this. We’ve seen way worse before, and only the newbies are the ones overreacting now.

I get why some people are uncomfortable with the current market, but the FUD will keep going as long as they keep panicking. And you already know what happens… whales start accumulating Bitcoin at cheap prices, and eventually things go back to normal.

Honestly, whether Bitcoin hits $100k again or not before the year ends doesn’t really matter. Next year still has a lot of time for recovery. I actually see this move as something positive, an opportunity to accumulate more.

That is the honest truth you have said, newbies will always panic the more and for sure there will always be newbies coming in, this is not the first time this is happening which is truth but a lot are just experiencing it for the first time and the reason for the overreaction from the newbies, those that have experience this before will not be moved and while they said experience is the best teacher. In regards to this, whether newbies or not one thing that will help anyone not to panic about fud is that they used their discretionary income to buy Bitcoin or money that they can be able to do without for a long time.

[Mame89]

A correction is a part of bitcoin's journey so it's expected to happen every now and then, this one took long enough but it's here now and people who know bitcoin know that this isn't permanent, the issue here is that the human mind always looks for things to be afraid of and the idea of a crash isn't something people like very much especially for those for are into bitcoin for the quick profit, for them this price decline isn't a market favourable situation and they are already counting their losses but long term investor are strong enough to keep holding, not all of them though.

Yes, corrections are part of the cryptocurrency market especially since Bitcoin has gone through its halving and reached its ATH. Therefore corrections are a part of market law. Whether we're ready or not, we have to accept them. For some investors especially those with long-term goals, this decline presents an opportunity to buy as much Bitcoin as possible.

Those who have already reached their targets will certainly sell, but they will still wait for further declines to buy more. Essentially we should view Bitcoin's price fluctuations as opportunities, rather than building excessive fear, as that will lead to panic.

[taufik123]

Definitely.  Theres going to be a ton of FUD for a bit, but honestly, who cares?  Just stick with the plan.  Keep your eyes on the long game.  Thats the only thing that counts.

And yeah, we pretty much know the deal with what usually goes down after the halving and where the market is going.  But I dont think this bull run is over yet.  Bitcoin is always full of surprises, right?

A completely unpredictable surprise, Bitcoin is full of mystery and now more FUD and selling by institutions so the price drops again to $86k.
This kind of thing is common when more people want low prices, make FUD, make big sales deals so that everyone is affected.

Now you have to always be prepared for any circumstance, Bitcoin has not given way to altcoin season,
it still takes time and a process that may be longer than the previous cycle

[henmark]

FUD never exited the markets. Even when bitcoins were at a peak, there were rumours that it might burst anytime and start a down rally which it eventually did. People are now used to the FUD and will not really pay that much attention. Yes new investors might be carried away and they might really care about these rumours. They might even take harsh measures which might include liquidating their complete account just to wait for another investment opportunity.

We should try and educate those new investors because seasoned investors will never care about these rumours. I will personally stand firm and continue holding my investments even if I see them falling by more than 50%. I still believe in long term growth and frankly speaking, the investment I made was only for long term so I will not care making any changes now.